Post #15451

Switzerland Expected to Hold Swiss yields are flat near multi-week lows as markets expect the SNB to stay on hold for a long time. Inflation printed at 0% in November — right at the bottom of the SNB’s target band — giving policymakers zero urgency to move. Most see rates sticking at 0% through next week and deep into 2026, with the SNB waiting for clearer signs of economic recovery and inflation picking back up. Chair Schlegel has already made it clear: the bar for returning to negative rates is high, but the bank is ready to act if conditions deteriorate. - Alan